XRP's Correction at 2.70: The Next Move Could Be Massive!Good morning Trading Fam
XRP just hit a correction down to the 2.70 range, but don't count it out yet! If it manages to break above 2.7, we could see a swift climb to 3.15. And if that resistance crumbles, watch out - we might be looking at levels from 3.85 all the way up to 6.5! Keep your eyes on XRP; this could be the start of something big.
Kris / Mindbloome Exchange
Trade What You See
XRPBEARUSD trade ideas
False breakout to the downside..It seems we had a false breakout to the downside, and now we've recovered back into the forming bullflag pattern which can still take us right back into a major breakout run to the upside!
It makes it way more bullish because bears getting desperate for profits, only to be rekt once again cos we going UP! 🚀
XRP - Key Levels to WatchXRP recently broke its all-time high (ATH) from 2018, touching $3.317. This key resistance was fiercely defended by bears, offering a strong short opportunity on the first break. Now, after consolidating for over 10 days, let’s dive deeper into the key levels and confluences to plan trades.
Resistance Levels
All-Time High (ATH) - $3.317
Key resistance from the recent ATH breakout, strongly defended by bears
Support Levels and Confluence
Fibonacci Retracement: 0.618 retracement of the recent impulse wave aligns at $2.74078
Weekly Level: A strong weekly level at $2.75 provides further support
Daily Level: The daily level at $2.72763 lies within the support zone
Swing High from the Previous Trading Range: The December 2024 swing high at $2.725 adds more confluence
Volume Profile (VAH): Value Area High (VAH) of the previous trading range aligns with the support zone
Fibonacci Speed Fan: The 0.618 speed fan intersects at $2.7, depending on the timing (late January to early February)
Pitchfork: While not plotted, it aligns closely with this zone, further supporting the level
Support Zone: $2.75-$2.71
Short Trade Setup
The first short opportunity arose at the ATH of $3.317, providing an excellent risk-to-reward ratio. If missed, another short trade setup can still be executed at the current price:
Entry: Enter at the current price
Stop Loss: Above $3.29
Take Profit: $2.80
Risk-to-Reward (R:R): 2:1
Long Trade Setup
Entry: Ladder longs between $2.75 and $2.71
Stop Loss: Below $2.63
Take Profit: $2.95
Risk-to-Reward (R:R): 3:1 or better
XRP TOPPED / CRASHED I have been following the rise and predictable fall of XRP using Murrey Math, Elliot Wave, and Kumar Wave. It was a very straight forward call. Do we have an echo and a retest coming. I think so, $2.40 next target down. But for now, let the market reflate before shorting. Will update.
#XRP Now Is A Great Time!Is there was ever a time to purchase XRP for long-term holdings, now is the time. I could go into details on the one hundred + reasons why I am saying this and I will in future posts, but the drop that we are seeing today is some major whales taking out over-leveraged retail traders.
2025-26 will be quite a ride with #XRP. Stay tune as I begin to share with you the one hundred + reasons why XRP is a good great strategic investment. By the way, some excellent profits can be made SWING trading this crypto also.
XRP UPDATE, START OF THE BIG CRASH This is the same chart I’ve posted last week.
Nothing has changed. There are signs that have been all over the crypto charts showing this coming but people only want to see positive things.
It’s all in the way you look at it. When you start looking at the markets different you’ll realize that the direction of the market doesn’t matter. Only the higher probability of that direction. Then you trade it accordingly.
Money spends the same whether you make it from a long or a short.
Be safe. Let the trade come to you.
XRP Elliott-Wave AnalysisI think XRP will remane the frontrunner in this Bullrun.
As visible in the chart, I'm expecting a small wave-4 to finish soon, with the price ready to break out of the triangle pattern. Afterward, the price could jump up quite impulsively, completing wave-5 of the larger wave-(3).
XRP is holding its own in the equilibrium zone.XRP has been holding its own in the wedge pattern that it is currently trading in. Although it has the potential to form a bearish divergence on the weekly RSI, it appears that XRP is getting ready for another leg to the upside.
Good luck, and always use a stop loss!
$XRP - Bullish on 4 HR CRYPTOCAP:XRP is looking bullish look for a breakout here. BTC is holing over 105k so far. Market looks to continue its bullish grind up. Eric Trump stated that US Crypto would not be subject to Capital Gains. XRP would be a qualifying US token if its does get confirmed. That is a bullish catalyst, there are several XRP applications for ETFs filed as well. 👀
XRP is looking bearish right now Why? Let's look at the clues:
That gap down (FVG) See that empty space where the price dropped suddenly? That's a Fair Value Gap, and it often acts like a magnet, pulling the price back down to "fill" it. 🧲
Red candles: Those strong red candles show sellers are in control, pushing the price lower.
Bollinger Bands Breakout: The price has burst below the lower Bollinger Band, suggesting a strong move down.
Fibonacci Retracement : Looks like XRP tried to bounce back, but it's struggling below the 38.2% Fibonacci level. That's not a good sign for the bulls!
What's next? 🤔
Keep an eye on that FVG ! If XRP drops to fill it, we could see a further decline.
Watch those Fibonacci levels. A break below the 50% level could signal more downside.
Disclaimer: This is just my take on the chart, not financial advice! Always do your own research before making any trading decisions.
CRYPTOCAP:XRP #crypto #trading #technicalanalysis #FVG #bearish
XRP has found its fly zone! XRP has blasted through the 0.5 Fibonacci resistance level at 3.11!
This "breakout" (lets not get too excited here LOL) signals a potential trend reversal and further upside for this popular crypto.
Here's what the chart tells us:
Breakout: XRP surged past the 3.11 resistance with bullish momentum and has maintained price above it for a number of hours.
Fibonacci Confirmation: The 0.5 Fib level often acts as a significant pivot point, and breaking above it adds to the bullish case.
Potential Uptrend: This breakout could mark the beginning of a new uptrend for XRP.
Next Targets: Keep an eye on the next Fibonacci extension levels (0.618, 0.786) for potential price targets.
What's fueling the impending surge?
Several factors could be contributing to XRP's recent strength, including:
Positive market sentiment: The overall crypto market has been showing signs of recovery, with Bitcoin leading the way.
Increased adoption: XRP continues to gain traction in cross-border payments and other use cases.
Favorable regulatory developments: Recent regulatory clarity in some jurisdictions could be boosting confidence in XRP.
Trade Idea:
Entry: Consider entering a long position on a pullback to the 3.11 level (now acting as support). (this is my ideal entry place)
Stop-loss: Place a stop-loss below the recent low or the previous resistance level.
Targets: Aim for the next Fibonacci extension levels.
**Disclaimer:** This is not financial advice. Always do your own research and manage your risk appropriately.
#XRP #Crypto #TechnicalAnalysis #Breakout #Fibonacci #Trading
XRP/USD Long Trade Setup – Key Levels !
**🚀 📊**
- **SL (Stop-Loss):** 3.1056 🔴
- **Entry:** 3.1233 🟡
- **T1 (Target 1):** 3.1475 🟢
- **T2 (Target 2):** 3.1807 🟢
👉 Wait for confirmation of support and a breakout above the resistance trendline before entering. Manage risk effectively! 💹
#XRPUSD #CryptoTrading #LongTrade #TechnicalAnalysis #TradingSetup #CryptoMarket #RiskManagement
$XRP New standardXRP ( CRYPTOCAP:XRP ) is a crypto gem with immense potential, and I’m bullish for the long term. Designed for seamless cross-border payments, XRP offers unmatched speed, low costs, and scalability, making it a favorite among financial institutions. Ripple’s ongoing legal clarity with the SEC is a positive catalyst, and partnerships with major players like Santander and MoneyGram highlight its real-world utility. As global demand for efficient payment solutions grows, XRP is poised to play a pivotal role in revolutionizing the financial system. Now’s the time to accumulate CRYPTOCAP:XRP and hold for the future! 🚀 #XRP #Crypto
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